Zimbabwe Stock Exchange activity expected to decline due to new monetary policies.
Zimbabwe Stock Exchange (ZSE) activity is expected to decline in coming weeks as investors adjust to new monetary policies. The Reserve Bank of Zimbabwe has introduced a new policy framework, including a market-determined exchange rate system, efficient money supply management, a new structured currency, and local currency tied to gold and foreign reserves. The new governor aims to maintain a tight monetary policy stance, which may keep ZSE prices at current levels.
April 16, 2024
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